Current：Home > MyWeWork seeks bankruptcy protection, a stunning fall for a firm once valued at close to $50 billion -AssetLink
WeWork seeks bankruptcy protection, a stunning fall for a firm once valued at close to $50 billion
View
Date：2025-04-11 23:00:20
NEW YORK (AP) — WeWork has filed for Chapter 11 bankruptcy protection, a stunning fall for the office sharing company once seen as a Wall Street darling that promised to upend the way people went to work around the world.
The company offered few specifics about the course of its restructuring, but noted in its filing that it was requesting the ability to cancel leases in particular locations that WeWork described as largely non-operational. All affected members have received advanced notice, the company said in a late Monday announcement.
veryGood！ (39)
Related
- In ‘Nickel Boys,’ striving for a new way to see
- Children of jailed Iranian activist Narges Mohammadi accept Nobel Peace Prize on her behalf
- Biden takes a tougher stance on Israel’s ‘indiscriminate bombing’ of Gaza’
- Maryland judiciary seeks applications to replace slain judge
- The Super Bowl could end in a 'three
- Our 12 favorite moments of 2023
- Choice Hotels launches hostile takeover bid for rival Wyndham after being repeatedly rebuffed
- A Moldovan court annuls a ban on an alleged pro-Russia party that removed it from local elections
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Brandon Aubrey, kicker for the Cowboys, hasn't missed a field goal. Maybe he should.
Ranking
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Alexey Navalny, Russia's jailed opposition leader, has gone missing, according to his supporters
- At least $2.1 billion in new funds pledged at COP28, as foundations focus on health and agriculture
- From ChatGPT to the Cricket World Cup, the top 25 most viewed Wikipedia articles of 2023
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- How 'Bout a Round of Applause for Rihanna’s Pearl-Embellished Look
- Watch soldier dad surprise family members one after another as they walk in
- Biden will meet with families of Americans taken hostage by Hamas on Wednesday at the White House
Recommendation
'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
Prosecutors want a former Albanian prime minister under house arrest on corruption charges
Poor countries need trillions of dollars to go green. A long-shot effort aims to generate the cash
Police and customs seize live animals, horns and ivory in global wildlife trafficking operation
Former Danish minister for Greenland discusses Trump's push to acquire island
US announces new sanctions on Russia’s weapons suppliers as Zelenskyy visits Washington
UAW accuses Honda, Hyundai and VW of union-busting
Hilary Duff Is Pregnant, Expecting Baby No. 4